SP1 southern cross payments ltd
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What happens to short positions after demerge?, page-7

  1. tutor
    1,750 Posts.
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    04/09/21
    11:06
    Post #: 55829996
    The demerger will be processed as a corporate action that applies to held stock as well as lent stock. This means the borrower will be short ISX AU and ISXFEU, they are obliged to return both.
    ISX Price at posting: $1.07 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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